Reflection_4_12
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School
Utah State University *
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Course
3700
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
docx
Pages
1
Uploaded by UltraStingrayPerson899
Summary:
These past class periods we have focused on the lean system and lean tools that we can utilize.
The simulation helped to cement these concepts of benefits provided by lean systems and
especially that of karabon squares. During the simulation we focused on organizing and
implementing systems that provide the most efficient uses of space and resources. Each change
of the three implementations decreased the amount of work in process or inventory left over.
Furthermore, it also decreased the quantity of jobs necessary to run the entire systems because
with the karabon squares we no longer needed a material manager to run inventory from place
to place. One of the most important learns came in recognition of bottlenecks and throughput
time. Although inventory decreased in each of the simulations, we still produced roughly the
same quantity of product because the bottleneck never changed. Thus, to adjust the
throughput time, changes in inventory management must be made to change it. Furthermore,
with a pull system there is the need to predict the quantity of supply necessary to ensure
smooth ordering when a customer desires. Forecasting is the ability to predict demand for the
coming days and as such determine the required inventory associated with it. There are many
different methods to predict demand, and nothing will predict the actual demand exactly, but
different systems do help. Straight average, weighted average, and naive start point, each
represent a different way of determining demand and depending on the industry and company
could have varying degrees of success.
Learning:
The simulation in class really helped display the impact of a bottle neck and how reducing
inventory benefits the system. Going from simulation one to simulation two resulted in massive
improvements to inventory reduction and truly showed the power of Little’s Law. In managing
inventory for my future business, I need to be conscious of the problems of inventory and
recognize the benefits of a pull system. When implemented the pull system will help to regulate
growth and manpower in an R&D lab. If implemented correctly prototypes will be better
managed and wasted resources will be mitigated. Utilizing a pull system will cause the
prototypes and lab work to come when necessary and limited wasted time and manpower on
meaningless tasks that wouldn’t matter. Furthermore, forecasting demand not just based on
previous demand, but also future demand for new products based on similar products. As such,
I need to learn the different models and work to determine the worth behind different
products. It is important to determine the demand associated with a product or potential
product. Utilizing related information or past product information, a company can determine
the potential demand associated with a product and with R&D this is critical to determining the
worth of a product. Without forecasting demand, the value associated with a product is
unknown.
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